Vault-13

AMERICAN WTR CAP CORP AWK 3.625 06.15.26

NOTE 3.625% 6/1 · US DOMESTIC · CUSIP 03040WBE4

70 institutional holders -5 vs Q4 2025
33,728,85533.7m shares reported held*
$946.3mreported value*
10 new 15 added 22 reduced 15 sold out net sold ≈ $8.1m (-37.5m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($403.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $28.07.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

050100Q3 24: 66Q4 24: 80Q1 25: 82Q2 25: 88Q3 25: 69Q4 25: 75Q1 26: 7070Q3 24Q1 25Q3 25Q1 26
Numbers
QuarterHolders
Q3 202466
Q4 202480
Q1 202582
Q2 202588
Q3 202569
Q4 202575
Q1 202670

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
50050Q4 24: 32 bought or addedQ4 24: 31 cut or sold outQ4 24Q1 25: 36 bought or addedQ1 25: 35 cut or sold outQ1 25Q2 25: 43 bought or addedQ2 25: 35 cut or sold outQ2 25Q3 25: 27 bought or addedQ3 25: 46 cut or sold outQ3 25Q4 25: 27 bought or addedQ4 25: 33 cut or sold outQ4 25Q1 26: 25 bought or addedQ1 26: 37 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q4 20243231
Q1 20253635
Q2 20254335
Q3 20252746
Q4 20252733
Q1 20262537

Biggest buyers

OAKTREE CAPITAL MANAGEMENT LP Added +52,495,000+52.5m
Kohlberg Kravis Roberts & Co. L.P. Added +33,689,000+33.7m
TORONTO DOMINION BANK Added +24,582,000+24.6m
Amundi New +15,000,000+15.0m
Daiwa Securities Group Inc. New +14,000,000+14.0m
Burkehill Global Management, LP New +12,500,000+12.5m
PIPER SANDLER & CO. New +11,830,000+11.8m
ZAZOVE ASSOCIATES LLC Added +10,555,000+10.6m
CAMDEN ASSET MANAGEMENT L P /CA Added +7,811,000+7.8m
BNP PARIBAS ASSET MANAGEMENT Holding S.A. Added +5,000,000+5.0m

Biggest sellers

Universal- Beteiligungs- und Servicegesellschaft mbH Reduced -37,675,000-37.7m
VOYA INVESTMENT MANAGEMENT LLC Sold out -35,600,000-35.6m
LAZARD ASSET MANAGEMENT LLC Reduced -19,176,000-19.2m
Amundi Sold out -15,000,000-15.0m
MANUFACTURERS LIFE INSURANCE COMPANY, THE Reduced -14,000,000-14.0m
SOROS FUND MANAGEMENT LLC Sold out -10,000,000-10.0m
SUSQUEHANNA ADVISORS GROUP, INC. Reduced -8,500,000-8.5m
RATIONAL ADVISORS, INC. Sold out -8,110,000-8.1m
PIER 88 INVESTMENT PARTNERS LLC Reduced -8,110,000-8.1m
ALGEBRIS (UK) LTD Sold out -8,000,000-8.0m

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 D. E. Shaw & Co., Inc. 0.07% of their portfolio New York, NY 94,081,00094.1m $93.9m $93.9m 0.07% Unchanged
2 CAMDEN ASSET MANAGEMENT L P /CA 3.02% of their portfolio Los Angeles, CA 88,970,00089.0m $88.8m $88.8m 3.02% Added +7.8m +7,811,000
3 Aequim Alternative Investments LP 1.61% of their portfolio MILL VALLEY, CA 83,190,00083.2m $83.1m $83.1m 1.61% Added +3.2m +3,190,000
4 OAKTREE CAPITAL MANAGEMENT LP 0.95% of their portfolio LOS ANGELES, CA 55,921,00055.9m $55.8m $55.8m 0.95% Added +52.5m +52,495,000
5 Calamos Advisors LLC 0.21% of their portfolio NAPERVILLE, IL 55,651,00055.7m $55.6m $55.6m 0.21% Reduced -371.0k -371,000
6 VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio San Antonio, TX 48,813,00048.8m $48.7m $48.7m 0.03% Reduced -405.0k -405,000
7 WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio Boston, MA 47,090,00047.1m $47.5m $47.5m 0.01% Reduced -3.9m -3,856,000
8 TORONTO DOMINION BANK 0.09% of their portfolio TORONTO, ONTARIO, A6 44,582,00044.6m $44.7m $44.7m 0.09% Added +24.6m +24,582,000
9 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.03% of their portfolio Toronto, A6 38,700,00038.7m $38.6m $38.6m 0.03% Reduced -14.0m -14,000,000
10 Kohlberg Kravis Roberts & Co. L.P. 0.64% of their portfolio NEW YORK, NY 34,515,00034.5m $34.5m $34.5m 0.64% Added +33.7m +33,689,000
11 LMR Partners LLP 0.28% of their portfolio LONDON, X0 30,000,00030.0m $30.0m $30.0m 0.28% Unchanged
12 COMPASS ROSE ASSET MANAGEMENT, LP 8.12% of their portfolio New York, NY 25,000,00025.0m $24.9m $24.9m 8.12% Unchanged
13 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 22,368,00022.4m $22.5m $22.5m 0.00% Reduced -282.0k -282,000
14 Universal- Beteiligungs- und Servicegesellschaft mbH 0.03% of their portfolio FRANKFURT AM MAIN, 2M 19,744,00019.7m $19.9m $19.9m 0.03% Reduced -37.7m -37,675,000
15 ZAZOVE ASSOCIATES LLC 0.90% of their portfolio INCLINE VILLAGE, NV 19,110,00019.1m $19.1m $19.1m 0.90% Added +10.6m +10,555,000
16 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio FRANKFURT AM MAIN, 2M 19,000,00019.0m $19.0m $19.0m 0.02% Reduced -7.0m -7,000,000
17 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.02% of their portfolio Paris, I0 16,142,00016.1m $16.1m $16.1m 0.02% Added +5.0m +5,000,000
18 BlackRock, Inc. 0.00% of their portfolio New York, NY 15,600,00015.6m $15.6m $15.6m 0.00% Added +3.4m +3,400,000
19 Amundi 0.00% of their portfolio Paris, I0 15,000,00015.0m $15.0k $15.0k 0.00% New
20 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 14,636,00014.6m $14.6m $14.6m 0.00% Reduced -2.0m -2,000,000
21 Daiwa Securities Group Inc. 0.04% of their portfolio CHIYODA-KU,TOKYO, M0 14,000,00014.0m $14.0m $14.0m 0.04% New
22 Burkehill Global Management, LP 0.62% of their portfolio NEW YORK, NY 12,500,00012.5m $12.5m $12.5m 0.62% New
23 PIPER SANDLER & CO. 11.46% of their portfolio MINNEAPOLIS, MN 11,830,00011.8m $11.7m $11.7m 11.46% New
24 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 11,758,00011.8m $117.4k $117.4k 0.00% Reduced -19.2m -19,176,000
25 SUSQUEHANNA ADVISORS GROUP, INC. 0.01% of their portfolio BALA CYNWYD, PA 11,625,00011.6m $116.0k $116.0k 0.01% Reduced -8.5m -8,500,000
26 INCOME RESEARCH & MANAGEMENT 5.53% of their portfolio Boston, MA 9,343,0009.3m $9.3m $9.3m 5.53% Reduced -325.0k -325,000
27 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 8,628,0008.6m $8.6m $8.6m 0.01% Reduced -10.0k -10,000
28 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 8,495,0008.5m $8.6m $8.6m 0.02% Unchanged
29 RWC Asset Management LLP 0.35% of their portfolio LONDON, X0 8,350,0008.3m $8.3m $8.3m 0.35% Reduced -1.0m -1,000,000
30 FMR LLC 0.00% of their portfolio BOSTON, MA 7,694,0007.7m $7.7m $7.7m 0.00% Unchanged
31 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 7,430,0007.4m $7.4m $7.4m 0.00% Reduced -3.1m -3,057,000
32 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 7,152,0007.2m $7.1m $7.1m 0.00% Added +1.8m +1,836,000
33 PIER 88 INVESTMENT PARTNERS LLC 1.76% of their portfolio SAN FRANCISCO, CA 6,870,0006.9m $6.9m $6.9m 1.76% Reduced -8.1m -8,110,000
34 AQR Arbitrage LLC 0.10% of their portfolio Greenwich, CT 5,825,0005.8m $5.8m $5.8m 0.10% Reduced -125.0k -125,000
35 CONNING INC. 0.19% of their portfolio HARTFORD, CT 5,650,0005.7m $5.6m $5.6m 0.19% Unchanged
36 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 3,574,0003.6m $3.6m $3.6m 0.00% Reduced -7.9m -7,879,000
37 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 3,165,0003.2m $3.2m $3.2m 0.00% Reduced -4.1m -4,120,000
38 Nicholas Investment Partners, LP 0.22% of their portfolio RANCHO SANTA FE, CA 3,000,0003.0m $3.0m $3.0m 0.22% Unchanged
39 GROUPAMA ASSET MANAGMENT 0.04% of their portfolio PARIS, I0 2,500,0002.5m $2.5m $2.5m 0.04% Added +300.0k +300,000
40 Police & Firemen's Retirement System of New Jersey 0.02% of their portfolio TRENTON, NJ 2,140,0002.1m $2.1m $2.1m 0.02% Unchanged
41 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,842,0001.8m $1.8m $1.8m 0.00% Added +537.0k +537,000
42 ADVENT CAPITAL MANAGEMENT /DE/ 0.04% of their portfolio NEW YORK, NY 1,200,0001.2m $1.2m $1.2m 0.04% New
43 BTC Capital Management, Inc. 0.07% of their portfolio DES MOINES, IA 1,000,0001.0m $997.8k $997.8k 0.07% New
44 OFI INVEST ASSET MANAGEMENT 0.01% of their portfolio ISSY LES MOULINEAUX, I0 1,000,0001.0m $875.8k $875.8k 0.01% Reduced -5.2m -5,200,000
45 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 500,000500.0k $499.2k $499.2k 0.00% Unchanged
46 AEGON USA Investment Management, LLC 0.39% of their portfolio CEDAR RAPIDS, IA 500,000500.0k $498.9k $498.9k 0.39% Unchanged
47 ABN AMRO INVESTMENT SOLUTIONS 0.01% of their portfolio PARIS CEDEX 008, I0 400,000400.0k $403.7k $403.7k 0.01% Added +399.6k +399,600
48 Lombard Odier Asset Management (Europe) Ltd 0.02% of their portfolio LONDON, X0 330,000330.0k $333.0k $333.0k 0.02% Unchanged
49 SSI INVESTMENT MANAGEMENT LLC 0.02% of their portfolio Los Angeles, CA 233,000233.0k $232.5k $232.5k 0.02% New
50 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 224,000224.0k $223.5k $223.5k 0.00% Reduced -6.2m -6,164,000
51 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 144,000144.0k $143.7k $143.7k 0.00% Reduced -9.0k -9,000
52 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 78,00078.0k $77.8k $77.8k 0.00% Unchanged
53 Capital Investment Advisory Services, LLC 0.00% of their portfolio RALEIGH, NC 41,00041.0k $40.9k $40.9k 0.00% Unchanged
54 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 30,00030.0k $29.9k $29.9k 0.00% Added +7.0k +7,000
55 Squarepoint Ops LLC 0.06% of their portfolio NEW YORK, NY 28,50028.5k $28.5m $28.5m 0.06% Added +10.0k +10,000
56 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 21,00021.0k $21.0k $21.0k 0.00% Unchanged
57 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 17,00017.0k $17.0k $17.0k 0.00% Unchanged
58 Goldstein Advisors, LLC 0.00% of their portfolio Madison, WI 14,00014.0k $13.8k $13.8k 0.00% Unchanged
59 Traub Capital Management LLC 0.01% of their portfolio NEEDHAM, MA 14,00014.0k $14.1k $14.1k 0.01% Unchanged
60 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 13,00013.0k $13.0k $13.0k 0.00% New
61 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 13,00013.0k $13.0k $13.0k 0.00% New
62 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 13,00013.0k $12.8k $12.8k 0.00% Unchanged
63 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 11,00011.0k $11.0k $11.0k 0.00% Unchanged
64 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 9,0009.0k $9.0k $9.0k 0.00% Added +2.0k +2,000
65 Candriam S.C.A. 0.03% of their portfolio STRASSEN, N4 6,0006.0k $6.1m $6.1m 0.03% Reduced -2.6k -2,600
66 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.00% of their portfolio CINCINNATI, OH 3,0003.0k $3.1k $3.1k 0.00% Unchanged
67 LAFFER TENGLER INVESTMENTS, INC. 0.41% of their portfolio Scottsdale, AZ 2,7402.7k $2.8m $2.8m 0.41% New
68 ODDO BHF ASSET MANAGEMENT SAS 0.03% of their portfolio PARIS, I0 855855 $862.8k $862.8k 0.03% Unchanged
69 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 44 $4.0k $4.0k 0.00% Unchanged
70 Erste Asset Management GmbH 0.00% of their portfolio VIENNA, C4 00 $0 $0 0.00% Unchanged